Question
What is the net present value of project ABC with cash flows of $18,200 in year 1, $34,500 in year 2 and $35,900 in year
What is the net present value of project ABC with cash flows of $18,200 in year 1, $34,500 in year 2 and $35,900 in year 3? If the initial investment is $63,600, if the discount rate is 14 percent? Based on your answer is this a good investment and why?
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
